Development Pipeline Scheduled for Late 2017

Hilton Bahrain Bay Hotel & Residences

Hilton and King Faisal Corniche Development (KFCD) partner on US$ 66m hotel at The Avenues, Bahrain

At a meeting in Dubai attended by Hilton CEO Chris Nassetta (www.Hilton.com) and Mohammed Alshaya, Chairman of KFCD and Mabanee Company S.A.K, the two parties confirmed an agreement to open Bahrain"s first Hilton Hotels & Resorts property. The 210 room Hilton Bahrain Bay Hotel & Residences will be located at The Avenues in Manama – a major retail and leisure destination scheduled to open later this year.

The announcement strengthens a growing partnership between Hilton and Mabanee that promises to boost tourism to the GCC by delivering exceptional guest experiences to visitors in the region. The partnership sees the debut of the Hilton Hotels & Resorts brand in Bahrain and the opening of Waldorf Astoria and a Hilton Garden Inn as part of the expansion of The Avenues, Kuwait, also owned by Mabanee.

Hilton Bahrain Bay Hotel & Residences will be directly attached to The Avenues, Bahrain. Phase 1 of the development will offer a wide choice of leading retail and restaurant brands covering 40,000 sqm of GLA which is due to open in the last quarter of 2017. A second Phase will add a further 30,000sqm of GLA. The site is located on the waterfront of Bahrain Bay.

Construction of the 210 guest room property is already underway and once completed it will consist of 150 apartments and 60 studio suites. Guests will be able to enjoy four distinct stand-alone dining outlets, a swimming pool, spa and fitness facilities. It is expected that the hotel will be completed and to welcome its first guests in early 2020.

Hilton Bahrain Bay Hotel & Residences joins a pipeline of 120 properties for Hilton in the Middle East, North Africa & Turkey. The company boasts the largest active pipeline in the GCC of any hotel company, with over 16,000 rooms under construction.

Middle East Bahrain Manama

Founded in 1919 as the flagship brand of Hilton Worldwide, Hilton Hotels & Resorts continues to build upon its legacy of innovation by developing products and services to meet the needs of savvy global travelers at more than 550 hotels across six continents. Hilton is the stylish, forward-thinking global leader in hospitality with Team Members shaping experiences in which every guest feels cared for, valued and respected.

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 22 world-class brands comprising nearly 7,300 properties and more than 1.1 million rooms, in 123 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on Fortune's 100 Best Companies to Work...